# Remio

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/remio

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.remiovr.com
- Total disclosed funding: $6.3M
- Latest round: Seed (Mar 3, 2022)
- Investors on record: 4

## About

Based in California, US, and founded by Jos van der Westhuizen and Derrick van Schalkwyk in 2020, Kristalic Inc., doing business as Remio, offers companies a technology through which they can enhance their social and collaborative potential by building the remote team. In April 2022, Kristalic Inc. raised USD 4.5 million in seed funding led by new investor Khosla Ventures, with participation from other new investors Moai Capital, The Venture Reality Fund, and Version One Ventures.

The firm offers team-building activities in the metaverse by combining 3D graphics, VR, and cloud computing technology. The company also provides research machine learning techniques intended to automate notetaking in business meetings. A few of the company experiences include paintball, archer tower defense, disco room, red light green light, and many others.

The company earns its revenue by charging USD 90 for the single-hosted event, USD 5 for business pro, and many others.

The company will use the April 2022 funding to expand its platform for enterprise customers to create their own metaverse VR spaces on the Remio platform.

## Funding rounds

- Seed, Mar 3, 2022, $6.3M — Khosla Ventures, Version One Ventures, The Venture Reality Fund, Moai Capital

## Investors

- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed
- Version One Ventures (https://capitalatlas.ai/funds/version-one-ventures) — Seed
- The Venture Reality Fund (https://capitalatlas.ai/funds/the-venture-reality-fund) — Seed
- Moai Capital (https://capitalatlas.ai/funds/moai-capital) — Seed
